Hanson County, SD Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 74 mortgage applications in Hanson County, SD totaling $10.7 million, down 30% from 2016. The average application was for $144,000, and applicants reported an average income of $65,000. 53% of applications resulted in an originated loan and 20% were denied. The most active lender was Bankwest, Inc., with 11 applications, followed by Plains Commerce Bank and Wells Fargo Bank NA.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in South Dakota.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 74
Total Mortgage Loan Application Amount $10,658,000
Average Mortgage Loan Application Amount $144,000
Highest Mortgage Loan Application Amount $424,000
Average Applicant Income $65,000
Highest Applicant Income $253,000

Mortgage Company List for Lending in Hanson County, SD for 2017

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 983,012,000 11 $ 1,187,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 629,000,000 10 $ 1,727,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 6 $ 784,000
First Dakota National Bak
225 CEDAR ST
YANKTON, SD 57078
* $ 1,480,298,000 5 $ 626,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 4 $ 551,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 11,418,149,000 4 $ 149,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 4 $ 626,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 3 $ 524,000
Cortrust Bank
100 EAST HAVENS
MITCHELL, SD 57301
* $ 761,459,000 3 $ 309,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 3 $ 261,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 2 $ 400,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 2 $ 505,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 373,000
Rivers Edge Bank
211 N BROADWAY
MARION, SD 57043
* $ 89,504,000 1 $ 90,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 1 $ 117,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ -1,000 1 $ 101,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 1 $ 54,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 1 $ 212,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 1 $ 212,000
CU Mortgage Direct, LLC
5010 S. SOLBERG AVENUE
SIOUX FALLS, SD 57108
* $ -1,000 1 $ 80,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 101,000
The First National Bank in Sioux Falls
100 S. PHILLIPS AVENUE
SIOUX FALLS, SD 57104
* $ 1,157,709,000 1 $ 172,000
Service First Federal Credit Union
3901 E 10TH STREET
SIOUX FALLS, SD 57103
* $ 152,067,000 1 $ 132,000

The tables below break down 2017 mortgage applications in Hanson County, SD by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Hanson County, SD in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 41 $5,101,000 $124,000 $356,000 $59,000 $253,000
Refinancing 27 $5,046,000 $186,000 $424,000 $71,000 $208,000
Home Improvement 6 $511,000 $85,000 $185,000 $73,000 $99,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 61 $8,122,000 $133,000 $373,000 $70,000 $253,000
Not applicable 9 $1,456,000 $161,000 $310,000 $5,000 $45,000
Not Provided 4 $1,080,000 $270,000 $424,000 $113,000 $159,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 51 $6,733,000 $132,000 $424,000 $67,000 $253,000
FHA-insured (Federal Housing Administration) 12 $1,813,000 $151,000 $216,000 $59,000 $182,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,092,000 $156,000 $223,000 $44,000 $102,000
VA-guaranteed (Veterans Administration) 4 $1,020,000 $255,000 $373,000 $79,000 $208,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 39 $5,713,000 $146,000 $424,000 $80,000 $253,000
Application Denied By Financial Institution 15 $2,027,000 $135,000 $281,000 $64,000 $182,000
Loan Purchased By The Institution 9 $1,456,000 $161,000 $310,000 $5,000 $45,000
Application Withdrawn By Applicant 7 $1,051,000 $150,000 $354,000 $51,000 $208,000
Application Approved But Not Accepted 4 $411,000 $102,000 $203,000 $77,000 $126,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 6 $859,000 $143,000 $216,000 $76,000 $182,000
Credit History 2 $265,000 $132,000 $142,000 $33,000 $41,000
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Download the South Dakota Lender List